Market Overview:
The global magnesium diboride powder market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for magnesium diboride powder in various applications such as academic research and enterprise production. Additionally, the growing demand for magnesium diboride powder from emerging economies is also contributing to the growth of this market. However, volatility in prices of raw materials used in manufacturing magnesium diboride powder may restrain the growth of this market during the forecast period.
Product Definition:
A powder form of magnesium diboride is used as a solid lubricant. It is also used as a component in some electronic devices.
Purity 99%:
Purity 99% is a special type of Boron Trifluoride ( BF3I ) which has been used in the production of High Purity Magnesium Diboride ( MMBF4 ) powder. It is an extremely pure form of boron trifluoride, with a purity level greater than 99%. The chemical formula for this product is BNF3 I2, and it usually appears in two color forms - either solid or liquid.
Purity 99.5 %:
Purity 99.5% is a special grade of Boron Nitride, which has been used in the production of Magnesium Diboride Powder by the thermal processing method since it has high thermal stability and can be easily processed under normal temperature condition. The purity level of this product is more than 99%.
Application Insights:
The academic research segment dominated the global magnesium diboride powder market, accounting for a revenue share of over 40.0% in 2017. The application of MgB2 in educational programs to improve student learning and memory has been proven to be effective. Magnesium-based brain supplements have also been found helpful in treating depression and other mental illnesses, which is expected to drive the demand from academic research applications over the forecast period.
Enterprise production is projected to witness significant growth over the forecast period owing to rising product usage as an additive material in manufacturing process for improving productivity and efficiency with enhanced quality control measures at reduced costs. In addition, magnesium diboride powder acts as a catalyst by improving reaction rates that increase enterprise production output thus driving its demand from enterprise applications globally.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of major magnesium diboride powder manufacturers such as Evonik Industries AG, Incoa Corporation, and Mechel OAO that are based in this region. The U.S., being one of the leading producers and consumers Magnesium (Mg), dominates this regional segment owing to high demand from end-use industries such as aerospace, automotive, energy storage devices etc.
The Asia Pacific regional market is expected to witness significant growth over the forecast period owing to increasing research & development activities by various organizations including universities and colleges along with institutes engaged in academic research pertaining to industrial applications of magnesium metal; thus driving product demand across several regions globally including Europe.
Growth Factors:
- Increasing demand from the electronics and automotive industries for magnesium diboride powder as a high-performance material for advanced applications
- Growing research and development activities by leading players to develop new applications of magnesium diboride powder in various end-use industries
- Rising investments by key players in manufacturing facilities to cater to the increasing demand for magnesium diboride powder globally
- Proliferation of nanotechnology and its growing adoption in various industrial applications that would require magnesium diboride powders
- Technological advancements that would help reduce production costs of magnesium diboride powders, making them more affordable for consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnesium Diboride Powder Market Research Report
By Type
Purity 99%, Purity 99.5 %, Others
By Application
Academic Research, Enterprise Production
By Companies
Materion Corporation, Stanford Advanced Materials, Luoyang Tongrun, Shanghai Xinglu Chemical Technology Co., Ltd., Jinzhou Haixin Metal Materials Co.,Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Magnesium Diboride Powder Market Report Segments:
The global Magnesium Diboride Powder market is segmented on the basis of:
Types
Purity 99%, Purity 99.5 %, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Academic Research, Enterprise Production
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Materion Corporation
- Stanford Advanced Materials
- Luoyang Tongrun
- Shanghai Xinglu Chemical Technology Co., Ltd.
- Jinzhou Haixin Metal Materials Co.,Ltd
Highlights of The Magnesium Diboride Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity 99%
- Purity 99.5 %
- Others
- By Application:
- Academic Research
- Enterprise Production
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Magnesium Diboride Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Magnesium diboride powder is a white, crystalline material that is used as an additive in various industrial and consumer products. It has a high melting point and low reactivity, making it an ideal choice for many applications. Magnesium diboride powder can be used to create lightweight components, sealants, adhesives, and coatings.
Some of the major companies in the magnesium diboride powder market are Materion Corporation, Stanford Advanced Materials, Luoyang Tongrun, Shanghai Xinglu Chemical Technology Co., Ltd., Jinzhou Haixin Metal Materials Co.,Ltd.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnesium Diboride Powder Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Magnesium Diboride Powder Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Magnesium Diboride Powder Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Magnesium Diboride Powder Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Magnesium Diboride Powder Market Size & Forecast, 2020-2028
4.5.1 Magnesium Diboride Powder Market Size and Y-o-Y Growth
4.5.2 Magnesium Diboride Powder Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Purity 99%
5.2.2 Purity 99.5 %
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Academic Research
6.2.2 Enterprise Production
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnesium Diboride Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Magnesium Diboride Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Purity 99%
9.6.2 Purity 99.5 %
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Academic Research
9.10.2 Enterprise Production
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Purity 99%
10.6.2 Purity 99.5 %
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Academic Research
10.10.2 Enterprise Production
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Purity 99%
11.6.2 Purity 99.5 %
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Academic Research
11.10.2 Enterprise Production
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Purity 99%
12.6.2 Purity 99.5 %
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Academic Research
12.10.2 Enterprise Production
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Purity 99%
13.6.2 Purity 99.5 %
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Academic Research
13.10.2 Enterprise Production
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Magnesium Diboride Powder Market: Competitive Dashboard
14.2 Global Magnesium Diboride Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Materion Corporation
14.3.2 Stanford Advanced Materials
14.3.3 Luoyang Tongrun
14.3.4 Shanghai Xinglu Chemical Technology Co., Ltd.
14.3.5 Jinzhou Haixin Metal Materials Co.,Ltd
